FAQs on Companies Fresh Start Scheme, 2020 1. What was the need for introduction of CFSS, 2020? 2. What is the benefit of the Scheme? 3. What kind of default is not covered by the CFSS? 4. What is the currency of this Scheme? What does the currency of the Scheme means? 5. Is this Scheme applicable to companies only or even LLPs? What is the tenure of the LLP Settlement Scheme 2020? 6. What is the time for filing E Form CFSS 2020? Is the eForm CFSS 2020 also required to be filed within the currency of the Scheme? 7. Private companies have been provided several exemptions under law. Will the CFSS have any affect on the same? 8. What will be the fees paid to file all e forms during the currency of the Scheme? 9. Is there any fees for filing e Form CFSS 2020? 10. Which companies can avail the benefit of the Scheme? 11. Can the benefit be taken by an Active non compliant company i.e company which has not filed INC 22 A? 12. Can the benefit be availed by the directors for updating / filing the KYC documents? 13. Can the benefit of the Scheme be taken by a company undergoing CIRP / Liquidation? 14. Can the benefit of the Scheme be taken by a company which has been struck off and an appeal is pending before the NCLT? 15. Can foreign companies take benefit of CFSS for doing belated filing? 16. What is the benefit provided in the Scheme for a defaulting inactive company? 17. Is the Scheme available to Nidhi companies? 18. Which companies / eForms / cases cannot avail the benefit of the Scheme?

Garanti Bank

4796824372433055

Account number / IBAN

Antoian Kordiyal

Account name

TGBATRISXXX

Routing code

United States

Country

Note:

In order to confirm the bank transfer, you will need to upload a receipt or take a screenshot of your transfer within 1 day from your payment date. If a bank transfer is made but no receipt is uploaded within this period, your order will be cancelled. We will verify and confirm your receipt within 3 working days from the date you upload it.

Garanti Bank

4796824372433055

Account number / IBAN

Antoian Kordiyal

Account name

TGBATRISXXX

Routing code

United States

Country

Note:

In order to confirm the bank transfer, you will need to upload a receipt or take a screenshot of your transfer within 1 day from your payment date. If a bank transfer is made but no receipt is uploaded within this period, your order will be cancelled. We will verify and confirm your receipt within 3 working days from the date you upload it.